Utility of Statistical Methods in Steel Plants (809e9edb-5770-4bca-8cd4-d1054840fad8)

The American Institute of Mining, Metallurgical, and Petroleum Engineers
H. J. Hand
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
30
File Size:
1230 KB
Publication Date:
Jan 1, 1938

Abstract

STATISTICAL methods are becoming increasingly important for inter-preting routine reports, or for analyzing special test data in industrial plants, such as steel plants. They have already become practically a necessity to the plant metallurgist. A paper by Chancellor,1 written in 1933, gives many examples of the benefits the plant metallurgist can derive from the use of these methods. The present paper discusses applications of importance to many others who must analyze reports in the steel plant, as well as other examples of interest to metallurgists. Statistical Methods Logically Suited to Plant Problems.-Statistical methods are not new as a branch of mathematics. Until comparatively recently, however, practical applications were confined mainly to actuarial science, biology, and economics; fields in which an observed result is obviously influenced (and often determined) by a complicated set of vari-ables more or less constantly tending to affect it. As pointed out by Daeves, 2 a decade or more ago, problems in industry are basically similar to those in these other fields in that a given result is at least partly due to that chance combination of causes happening to be present at the time. When trying to do the same thing repeatedly, constant results are never attained; they vary about the desired result with more or less well defined mathematical regularity. Such a condition arises out of the great number of factors tending to affect the final result. If statistical methods are so valuable to the biologist or economist, why then should they not also be of great value to plant managers and engineers, and to all who must interpret reports from various sources in the industrial plant? Within the last few years, industry has become conscious of this situation, and the use of these methods has been rapidly expanding in such plants. ?
Citation

APA: H. J. Hand  (1938)  Utility of Statistical Methods in Steel Plants (809e9edb-5770-4bca-8cd4-d1054840fad8)

MLA: H. J. Hand Utility of Statistical Methods in Steel Plants (809e9edb-5770-4bca-8cd4-d1054840fad8). The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1938.

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